Its the simplest thing for most politicians to do, run a deficit hike up taxes. What most politicians never understand is that sometimes the well runs dry. That dry time started over a year ago, and the primary reason for the Tea Party movement is the way the government has mishandled federal funds and added to the deficit.
Yesterday Blanche Lincoln told the president about her constituent “who fears that there’s no one in your administration that understands what it means to go to work on Monday and make a payroll on Friday.”
Today’s Rasmussen Poll confirmed why people have that fear. A vast majority of Americans believe that politicians simply do not have the guts to do what needs to be done, cut spending. Eighty-three percent of Americans say the size of the federal budget deficit is due more to the unwillingness of politicians to cut government spending than to the reluctance of taxpayers to pay more in taxes. Only 9% blame the deficit on the public’s unwillingness to pay taxes.
Placing the blame on a lack of government courage is a bi-partisan opinion, 94% of Republicans and 91% of independents place the blame on politicians, even two-thirds of Democrats agree.
Do you think the 2nd Amendment will be destroyed by the Biden Administration?
Only 11% of voters think their government spends taxpayers’ money wisely. Seventy-eight percent, 78% do not agree. This too is bi-partisan 90% or more of GOP voters and independents think the government does not know what it is doing with the taxpayers’ money well as does 54% of Democrats.
Last February, President Obama pledged a tough, unprecedented oversight effort” to make sure the public’s money was not wasted in any of the administration’s multi-billion dollar reform and economic plans. At that time, 46% of Americans were at least somewhat confident that their money would be wisely and carefully spent, while 50% lacked that confidence.
But by June, 76% said it was at least somewhat likely that a large amount of money in the $787-billion economic stimulus plan would be wasted due to inadequate government oversight.
Unfortunately they were correct.
The president on Monday released a proposed $3.8 trillion budget for the coming fiscal year, which includes a largest-ever $1.56-trillion deficit. In its reporting on the budget, the New York Times projects that the United States will be forced to run unprecedented large deficits for at least the next 10 years.
Interestingly Since the budget was released, the President has been losing that huge post State of the Union bounce in his approval ratings. On the day Obama made his SOTU speech Rasmussen reported his approval index at a -15. Monday, the day the budget was officially released the approval index was a -4, today it stands at a -8.
Clearly the President and his progressive friends in congress still don’t get it.
Eighty-six percent (86%) of Americans are at least somewhat concerned about the size of the federal budget deficit, including 65% who are very concerned. Only 12% are not very or not at all concerned about the size of the deficit.
Yet, by a 49% to 39% margin, voters believe it is more important to cut federal spending than to reduce the deficit. Fifty-three percent (53%) say cutting government spending is good for the economy, and 61% say the same of cutting taxes.
Eighty-one percent (81%) of voters also think the unwillingness of politicians’ to cut government spending is a bigger problem than taxpayers’ unwillingness to pay more in taxes.
Forty-six percent (46%) of voters nationwide, in fact, favor an across-the-board tax cut for all Americans, but 35% are opposed.
A modest plurality of voters (41%) also prefer a budget deficit with tax cuts